• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

Economic Indicators Charted

Discussion in 'Business, Investment and Economics' started by Ann, Jan 24, 2019.

  1. Ann

    Ann

    Posts:
    1,006
    Likes Received:
    372
    Joined:
    Dec 24, 2005
    There are a number of economic indicators that come out on a monthly or quarterly basis, these often have quite a dramatic effect on the markets. Recently I have found a number of these indicators in chart form, which makes them far more interesting and potentially more predictive. Hopefully some of you may find them as interesting as I have.

    Consumer Sentiment

    Consumer sentiment is a statistical measurement and economic indicator of the overall health of the economy as determined by consumer opinion. Consumer sentiment takes into account an individual's feelings toward his or her current financial health, the health of the economy in the short term and the prospects for longer-term economic growth.

    In the U.S., consumer spending makes up a majority of economic output as measured by Gross Domestic Product (GDP). As much as 75% of GDP is driven by a consumer spending component. Naturally, the sentiment or attitude of consumers goes a long way in gauging the health of the economy.

    More here.....

    $$umcsent consumer sentiment.png


    The Melbourne Institute and Westpac Bank Consumer Sentiment Index for Australia declined 4.7 percent month-over-month to 99.6 in January 2019.

    $$australia-consumer-confidence-jan-19.png
     
    qldfrog, sptrawler and Smurf1976 like this.
  2. sptrawler

    sptrawler

    Posts:
    9,934
    Likes Received:
    885
    Joined:
    Jul 3, 2009
    Thanks for that Ann, it may be well worth monitoring.
     
  3. Ann

    Ann

    Posts:
    1,006
    Likes Received:
    372
    Joined:
    Dec 24, 2005
  4. sptrawler

    sptrawler

    Posts:
    9,934
    Likes Received:
    885
    Joined:
    Jul 3, 2009
    It is certainly looking as though it is due to repeat, it may have a bit to go yet, but the long term doesn't look as though it has many legs left.

    https://fred.stlouisfed.org/series/UMCSENT

    Also from your chart Ann, when it falls, it falls fast.
     
  5. Smurf1976

    Smurf1976

    Posts:
    8,237
    Likes Received:
    1,137
    Joined:
    Feb 14, 2005
    I think there's an error here somewhere.....

    This chart and the oil rig chart you posted have exactly the same numbers on them. Seems an unlikely coincidence so I assume something's done amiss?
     
  6. Ann

    Ann

    Posts:
    1,006
    Likes Received:
    372
    Joined:
    Dec 24, 2005
    Yes, I stuffed up over on the Oiler thread. No idea how, but I have put the Oil Rig count up on the POO now. I had a horrible feeling I may have put the Oil Rig count here! :)
     
Loading...

Share This Page